Bitcoin Futures Open Interest Slips to $7.68 Billion as Funding Stays Positive
- —Bitcoin futures open interest at $7.68 billion, down 0.69% in 24 hours
- —Funding rate positive at 0.0035% per eight-hour interval
- —Long accounts made up 63.2% of the surveyed market data
- —Solana open interest fell 4.25% to about $929.5 million
Why it matters: Falling open interest alongside positive funding points to deleveraging rather than outright bearish positioning; a clearer read will come with weekday volumes.
Source: NewsBTC